PL CARPATHIA: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
PL CARPATHIA
Largest movements
- Tangible fixed assets -€37,563
down €37,563 (-27.4%), from €137,146 to €99,583
of which Plant, machinery and equipment: -€31,570
- Debts after one year -€43,871
down €43,871 (-60.1%), from €72,968 to €29,097
of which Financial debts: -€23,871
- Other debts +€5,405
up €5,405 (+62.0%), from €8,724 to €14,130
- Profit (loss) carried forward +€4,073
up €4,073 (+52.4%), from -€7,766 to -€3,693
- Trade debts -€1,953
down €1,953 (-8.7%), from €22,455 to €20,503
- Gross operating margin -€2,570
down €2,570 (-2.7%), from €96,171 to €93,600
- Financial charges -€1,142
down €1,142 (-29.2%), from €3,910 to €2,768
- Taxes +€996
up €996 (+547%), from €182 to €1,178
- Other operating charges -€979
down €979 (-33.6%), from €2,915 to €1,936
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €150,814 | €113,377 | -€37,437 | -24.8% |
| Fixed assets | 21/28 | €140,096 | €102,533 | -€37,563 | -26.8% |
| Tangible fixed assets | 22/27 | €137,146 | €99,583 | -€37,563 | -27.4% |
| Land and buildings | 22 | €11,626 | €8,314 | -€3,312 | -28.5% |
| Plant, machinery and equipment | 23 | €122,505 | €90,935 | -€31,570 | -25.8% |
| Furniture and vehicles | 24 | €3,015 | €334 | -€2,681 | -88.9% |
| Financial fixed assets | 28 | €2,950 | €2,950 | = | 0.0% |
| Current assets | 29/58 | €10,718 | €10,844 | +€126 | +1.2% |
| Stocks and contracts in progress | 3 | €1,635 | €1,758 | +€123 | +7.5% |
| Stocks | 30/36 | €1,635 | €1,758 | +€123 | +7.5% |
| Amounts receivable within one year | 40/41 | €1,899 | €833 | -€1,066 | -56.1% |
| Trade receivables | 40 | €1,091 | - | -€1,091 | |
| Other amounts receivable | 41 | €807 | €833 | +€26 | +3.2% |
| Cash at bank and in hand | 54/58 | €7,184 | €8,254 | +€1,069 | +14.9% |
| Total equity and liabilities | 10/49 | €150,814 | €113,377 | -€37,437 | -24.8% |
| Equity | 10/15 | €10,834 | €14,907 | +€4,073 | +37.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,766 | -€3,693 | +€4,073 | +52.4% |
| Amounts payable | 17/49 | €139,980 | €98,470 | -€41,510 | -29.7% |
| Amounts payable after more than one year | 17 | €72,968 | €29,097 | -€43,871 | -60.1% |
| Financial debts | 170/4 | €32,968 | €9,097 | -€23,871 | -72.4% |
| Other amounts payable | 178/9 | €40,000 | €20,000 | -€20,000 | -50.0% |
| Amounts payable within one year | 42/48 | €66,063 | €69,374 | +€3,311 | +5.0% |
| Current portion of amounts payable after more than one year | 42 | €24,443 | €23,871 | -€573 | -2.3% |
| Financial debts | 43 | €30 | - | -€30 | |
| Credit institutions | 430/8 | €30 | - | -€30 | |
| Trade debts | 44 | €22,455 | €20,503 | -€1,953 | -8.7% |
| Suppliers | 440/4 | €22,455 | €20,503 | -€1,953 | -8.7% |
| Taxes, remuneration and social security | 45 | €10,410 | €10,871 | +€461 | +4.4% |
| Taxes | 450/3 | €3,167 | €3,139 | -€28 | -0.9% |
| Remuneration and social security | 454/9 | €7,243 | €7,732 | +€489 | +6.7% |
| Other amounts payable | 47/48 | €8,724 | €14,130 | +€5,405 | +62.0% |
| Accrued charges and deferred income | 492/3 | €950 | - | -€950 | |
| Non-recurring operating income | 76A | €9 | - | -€9 | |
| Remuneration, social security and pensions | 62 | €45,428 | €45,961 | +€534 | +1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,435 | €37,563 | +€129 | +0.3% |
| Other operating charges | 640/8 | €2,915 | €1,936 | -€979 | -33.6% |
| Non-recurring operating charges | 66A | €305 | €148 | -€157 | -51.6% |
| Gross operating margin | 9900 | €96,171 | €93,600 | -€2,570 | -2.7% |
| Operating profit (loss) | 9901 | €10,088 | €7,992 | -€2,096 | -20.8% |
| Financial income | 75/76B | €26 | €27 | +€1 | +4.4% |
| Recurring financial income | 75 | €26 | €27 | +€1 | +4.4% |
| Financial charges | 65/66B | €3,910 | €2,768 | -€1,142 | -29.2% |
| Recurring financial charges | 65 | €3,910 | €2,768 | -€1,142 | -29.2% |
| Profit (loss) for the period before taxes | 9903 | €6,204 | €5,251 | -€953 | -15.4% |
| Income taxes | 67/77 | €182 | €1,178 | +€996 | +547% |
| Profit (loss) for the period | 9904 | €6,022 | €4,073 | -€1,949 | -32.4% |
| Profit (loss) for the period to be appropriated | 9905 | €6,022 | €4,073 | -€1,949 | -32.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.